- Long McDonalds Corp @ $55.01 after noticing today’s strength @ the $54.98 level. Based on the RSI & MACD it looks like its ready for its move up. None the less short term stop loss placed @ the $54.90 level. Target price, none, I want to keep this for the long run especially with the dollar trending downwards in the long run, their profits will inflate even more due to their high international exposure.
Long McDonalds (MCD) @ 55.01
Posted by
ec1o
on Tuesday, August 4, 2009
Labels:
MCD
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